Treasury Regulations · 26 CFR
§ 1.1052-1. Basis of property established by Revenue Act of 1932.
Regulation text, no changes From the eCFR, current as of October 15, 2026. The eCFR is an authoritative but unofficial editorial compilation of the Code of Federal Regulations; the official text is the annual CFR on govinfo. Compare it with this section on ecfr.gov (external site) or the official annual CFR on govinfo (external site).
Regulation under 26 U.S.C. § 1052
Cite as 26 CFR § 1.1052-1
At a glance
Read from the text and its source citation. Not part of the regulation.
- Status
- In the current eCFR
- Source
- T.D. 6500, 25 FR 11402, Nov. 26, 1960; 25 FR 14021, Dec. 21, 1960; T.D. 9989, 89 FR 17606, Mar. 11, 2024, unless otherwise noted.
- Issued under
- 26 U.S.C. § 1052
- Length
- 129 words · about 1 min to read
- Cross-references
- cites 2 Code sections and 0 regulations; cited by 0
Section 1052(a) provides that if property was acquired after February 28, 1913, in any taxable year beginning before January 1, 1934, and the basis of the property, for the purposes of the Revenue Act of 1932 (47 Stat. 169), was prescribed by section 113(a) (6), (7), or (9) of that act, then for purposes of subtitle A of the Code, the basis shall be the same as the basis prescribed in the Revenue Act of 1932. For the rules applicable in determining the basis of stocks or securities under section 113(a)(9) of the Revenue Act of 1932 in case of certain distributions after December 31, 1923, and in any taxable year beginning before January 1, 1934, see 26 CFR (1939) 39.113 (a)(12)-1 (Regulations 118).
Cross-references
Computed from the citations in the text of 26 CFR.
Code sections it cites
Where it sits in 26 CFR
- Subchapter A Income tax
- Part 1 Income taxes
- Special Rules
Nearby sections
- § 1.1051-1 Basis of property acquired during affiliation.
- § 1.1052-1 Basis of property established by Revenue Act of 1932.
- § 1.1052-2 Basis of property established by Revenue Act of 1934.
- § 1.1052-3 Basis of property established by the Internal Revenue Code of 1939.
- § 1.1053-1 Property acquired before March 1, 1913.
- § 1.1054-1 Certain stock of Federal National Mortgage Association.